Trump family’s cryptocurrency agreement protects them from the declining value of their meme coin.
Happy Tuesday! Here’s a recap of last week’s notable intersection of technology and politics. Trump’s Inactive Token Debuts as Profits Rise Donald Trump and his family’s ventures in cryptocurrency are raising eyebrows, with many seeing them as a clear example of corruption during his second term. These activities appear to be attempts to distance their […]
Trump Shares Meme Featuring Him as Uncle Herschel from Cracker Barrel
Trump Posts Meme Featuring Cracker Barrel Logo President Donald Trump shared a meme showcasing the Cracker Barrel logo, depicting him alongside Uncle Herschel, who is a relative of Dan Evins, the founder of the restaurant chain. In a message on True Society, Trump posted images of himself seated in a chair. The logo features the […]
Canary Submits Application for the First Trump Meme Coin ETF
Simply put Canary Capital has filed to create President Donald Trump’s meme coin, marking it as the first spot ETF directly linked to him. This fund is entirely focused on the President’s meme coin, unlike prior proposals which involved diversification or leverage. Experts find the approval likely, but note that such ETFs typically need related […]
Hayden Davis’ Libra Wallets Earned $12 Million from Kanye West’s Meme Coin
Simply put The wallet associated with promoter Hayden Davis from Libra Meme Coin turned a $12 million profit with Yzy, a token launched by Kanye West. Bubblemaps, a startup focused on blockchain visualization, uncovered the connection between Davis and the over-chain transaction. Libra was promoted prior to the crash that Argentine President Javier Milei experienced […]
Anonymous Hacktivist Group Founder Leads Meme Coin Initiative While Facing 5-Year Prison Sentence
Simply put Aubrey Cottle, widely recognized as Kirtaner Online, is managing a cryptocurrency called “Movement Coin” on the Solana platform, paying tribute to Anonymous, the hacktivist group he helped establish. Funds generated from these tokens are intended to support Cottle’s ongoing legal issues, acquire anonymous OGS tokens, and establish scholarships for aspiring hackers. Cottle is […]
Pump.fun Returns to Dominance as Solana Meme Coins Rise: Here’s the Reason
Simply put Pump.Fun has made a comeback to Solana’s leading token launchpad after Letsbonk dominated for a month. This change follows the establishment of the full Glass Foundation and noticeable shifts in social media strategies. On that day, Pump.Fun tokens surged 8%, with Fartcoin climbing 15% as well. Pump.fun tokens increased by 8% on Wednesday. […]
Nyan Cat Creator Describes Meme Coins as ‘Wild West’, Claims $700K in Fees but Refutes Endorsement
Simply put Chris Torres, the mind behind Nyan Cat, has converted around 4,000 sols, which is approximately $706,000, from token royalties on the Bags platform. The Nyan Cat Token has achieved a market cap of $12 million. Despite this success, Torres views meme coins as a “Wild West” situation and prefers to concentrate on his […]
Trollface Creator Claims Crypto UndermTrollface Creator Claims Crypto Undermines Art, Rules Out Legal Action on $200M Meme Coin
Simply put Carlos Ramirez, who goes by Whynne Online, shared in his first interview in a decade that he’s frequently approached about providing supplies of meme coins linked to Trollface. The value of Troll Meme Coin has surged by over 1,050% in the last couple of weeks. At present, it ranks as the 32nd largest […]
Unfortunate Trader Loses $36 Million on Solana Meme Coin
Simply put Leland King Fawcette claims he missed out on over $36 million due to a misstep with trade in meme coins. He bought a Solana Token valued at $1,300 in August 2024 but quickly sold it when it didn’t increase in value. When he sold, the market cap of Troll was only $9,360, but […]
3 Meme Coins To Keep an Eye On in the Last Week of July
A small, vine-like token is currently leading, while the bigger meme coins have taken a back seat recently. Inspired by an obsolete social media platform, this token is the standout performer among meme coins right now. An analysis has been done on two other meme coins that might see some gains this week. SPX6900 (SPX) […]